Close to Berkley!!!!
OHSCrifle wrote: And for goodness sake don't piss away a nice inheritance on a daily driver.
Used to feel that way, but how much money do you need "later"? Once you have your needs taken care of, the only value of money is for doing good things, whether for yourself or others.
If you have all the money you will ever need, why not spend some of it on something you enjoy?
OHSCrifle wrote: Talk to a Cali tax attorney! The estate's investment basis is what he paid for the house, and it seems to have increased a bit since then.
I guess her father was ahead of the curve. No estate at all, it's all in a trust.
My family moved from S.F. to Eugene, OR, in 1985. We sold a small house, one bed, one bath, no garage, but a real back yard, for $80k. My folks bought a larger, nicer house with a guest cottage out back for half that. The S.F. house's current Zillow estimate is $1.192M. S.F. real estate is as bizarre as the thread suggests.
Semi-related anecdote: When I was a kid, there was (actually still is) a super-cool place called the Josephine D. Randall Junior Museum (er, now just the Randall Museum, I think). I took classes there and did model rocketry, computer classes, model airplanes, pottery, restored a motorcycle, and built a full-size replica of an early hang glider and took it to the beach where we pretty much failed to fly. I remember being quite proud of myself when I was about ten and walked all the way home across S.F. by myself one day after class. Years later, in the era of Google Earth, I decided to try to look up my big walk. It was 1.8 miles, estimated 23 minutes. It was also not "all the way across the city", but hey, I was ten.
The upshot here is that S.F. has a lot going on, but the city itself is tiny. It can't sprawl, as there's water on three sides. That is, there are plenty of suburbs, but they're all over bridges, quite separate. The City itself is an incredibly finite resource. Just look at the zoom level that takes in the whole city, but you can easily see individual blocks taking up the space.
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